Buying at arm's length

A. G. Maisey · 5th August 2019, 05:26 AM

Yes, you're right Will, buying at auction is a form of gambling, and just like any form of gambling you are best not to bid more than you are prepared to lose.

But then I don't gamble. Never have. I was given an excellent piece of advice by my grandfather when I was still a little kid:-

"Never gamble unless you own the game"

This came from a man who owned billiard rooms, poker machines, dice and card games, starting price bookmaking, in fact, every form of illegal gambling there was on offer, and who was a professional "negotiator" into the bargain.

Best advice I ever had.

5th August 2019, 05:26 AM	#12
A. G. Maisey Member Join Date: May 2006 Posts: 7,019	Yes, you're right Will, buying at auction is a form of gambling, and just like any form of gambling you are best not to bid more than you are prepared to lose. But then I don't gamble. Never have. I was given an excellent piece of advice by my grandfather when I was still a little kid:- "Never gamble unless you own the game" This came from a man who owned billiard rooms, poker machines, dice and card games, starting price bookmaking, in fact, every form of illegal gambling there was on offer, and who was a professional "negotiator" into the bargain. Best advice I ever had.